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ERIC Number: EJ1167334
Record Type: Journal
Publication Date: 2017
Pages: 13
Abstractor: As Provided
ISSN: EISSN-1835-9132
Teaching Strategic Thinking on Oligopoly: Classroom Activity and Theoretic Analysis
Han, Yongseung; Ryan, Michael
e-Journal of Business Education and Scholarship of Teaching, v11 n1 p127-139 2017
This paper examines the use of a simple classroom activity, in which students are asked to take action representing either collusion or competition for extra credit to teach strategic thinking required in an oligopolistic market. We suggest that the classroom activity is first initiated prior to the teaching of oligopoly and then the instructor teaches oligopoly together with more enhanced classroom activities in accordance with a dynamics of the oligopolistic market. With this approach, the instructor can guide students toward strategic thinking by demonstrating how a student's incentives lead to specific actions within the experiment, which approximates a core trait of Cournot competition.
Australian Business Education Research Association. PO Box 408, Mapleton, Queensland 4560, Australia. e-mail:; Web site:
Publication Type: Journal Articles; Reports - Evaluative
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A